Hodgdon Industries, a semi-weekly schedule depositor, pays its employees semimonthly on the 1st and 15th of the month. Per company policy, employees are paid their annual bonuses on December 14, the final payday of the year for 2017. On Thursday, December 14, the bonuses were paid and the payroll tax liability was $103,850. When are the payroll tax deposits due for the December 14 pay date?
A) Monday, December 18
B) Friday, December 22
C) Wednesday, December 20
D) Friday, December 15
D) Friday, December 15
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Indicate whether the statement is true or false.
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Answer the following statement true (T) or false (F)